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28 companies offered ownership interests in Norway licensing round

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Oilfield Technology,

28 companies have received offers of ownership interests in a total of 53 production licences on the Norwegian Shelf in the Awards in Predefined Areas (APA) 2021.

Norway’s Ministry of Petroleum and Energy assessed applications from a total of 31 companies during autumn 2021.

Of the 53 production licences, 28 are in the North Sea, 20 are in the Norwegian Sea and 5 are in the Barents Sea. 17 of the production licences are additional acreage to existing production licences.

Equinor was awarded 26 new production licences: 12 licences as operator and 14 licences as partner. 12 are in the North Sea, 10 in the Norwegian Sea and 4 in the Barents Sea.

Lundin Energy was awarded interests in 10 exploration licences, including 6 licences in the North Sea, 3 licences in the Norwegian Sea and 1 licence in the Southern Barents Sea. 5 of the newly awarded licences will be operated by Lundin Energy Norway.

Offers were also given to the following companies (shares/operatorships):

  • Aker BP (15/7)
  • A/S Norske Shell (2/1)
  • Chrysaor (4/1)
  • Concedo (3/0)
  • ConocoPhillips (3/3)
  • DNO (10/3)
  • Idemitsu (3/0)
  • KUFPEC (1/0)
  • Longboat (1/0)
  • LOTOS (4/0)
  • M Vest (2/0)
  • Neptune (2/2)
  • OKEA (4/3)
  • OMV (3/1)
  • ONE-Dyas (3/0)
  • Pandion (3/0)
  • Petrolia NOCO (2/0)
  • PGNiG (4/3)
  • Source (2/0)
  • Spirit (7/2)
  • Suncor (2/0)
  • Sval (3/0)
  • TotalEnergies (1/0)
  • Vår Energi (10/5)
  • Wellesley (3/1)
  • Wintershall Dea (7/4)

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The issue starts with a report from Rystad Energy focusing on the outlook for the upstream industry in the Middle East. The rest of the issue is dedicated to features covering production optimisation, drill bits, pipeline integrity, health and safety, and more.

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